MELVILLE, N.Y., Sept. 25, 2003 (PRIMEZONE) -- The MacReport.Net (OTCBB:MRPT) announced the successful completion of a marketing pilot program, which took effect thirty days ago and has resulted in the addition of seven new clients. The program was marketed to twenty-five companies over the past four weeks and to date has brought a closing ratio of over twenty five percent. "The deployment of our strategy focused in on cost and exposure as well as time management," stated Adam J. Reznikoff, executive vice president. He added, "We have a very large database of potential clients that need our services and we feel strongly about our approach given the market climate and today's corporate concerns. We've just scratched the surface and given the numbers over the next twelve months, we've concluded a two hundred and fifty two thousand-dollar campaign in just four weeks. Our next step is to market to over one-hundred companies in the next month while keeping client satisfaction a top priority."
About The MacReport.Net, Inc.
The MacReport.Net is an information and media company that provides a Web-based forum for public and private issuers to communicate corporate audio and video news content to the business, financial and investing community through its Web site, located at http://www.macreport.net/. The MacReport.Net also provides a hassle free, month to month client care program which includes unlimited press releases, converting SEC documents into Edgar format, email direct marketing, a feature rich communications platform and web hosting, networking and consulting solutions. The company further plans to provide creative and production services to develop visual events ranging from live coverage of merger announcements to public relations campaigns to new product introductions.
This news release may include comments that do not refer strictly to historical results or actions and may be deemed to be forward-looking within the meaning of the safe harbor provisions of the U.S. federal securities laws. These include, among others things, statements about expectations of future revenues, future plans, cash flows and capital requirements. Forward-looking statements are subject to risks and uncertainties that may cause the company's results to differ materially from expectations. These risks include the company's ability to further develop its business, the company's ability to develop and implement appropriate marketing programs and successful development and implementation of technology, acceptance of the company's products and services, competitive factors, and other such risks as the company may identify and discuss from time to time, including those risks disclosed in the company's amended registration statement on Form SB-2 filed with the Securities and Exchange Commission. Accordingly, there is no certainty that the company's plans will be achieved.